General News
Aurora Expands Driverless Network for Runs to Phoenix
Aurora Innovation is about to triple its driverless truck network, expanding to 10 routes, after validating operations between Fort Worth, Texas, and Phoenix, the company said Feb. 11.
White House Adviser Navarro Sees ‘Significant’ USMCA Flaws
Uncertainty over the future of the deal has intensified, with the president asking aides why he should not withdraw from the agreement, according to people familiar with those discussions.
EV Charging Build-Out Stays Hot, With New Roadblocks Ahead
Transportation Secretary Sean Duffy this week decreed that electric vehicle chargers must now be fully American-made — a difficult requirement that is certain to delay them.
CK Hutchison Warns Maersk of Legal Action Over Panama Ports
The warning came after Panama authorities invalidated CK Hutchison’s contract to operate the Balboa and Cristobal ports, seeking Maersk’s APM Terminals to run them in a transition phase.
Transportation Stocks Rally on AI Backlash, Big Tech Pivot
The gauge — which contains industry stalwarts such as CSX, FedEx and Old Dominion Freight Line — has been catapulted higher by strong data and a pivot away from the big tech winners of the last few years.
CarMax Taps Former Hotel CEO Keith Barr After Sales Slump
The used car retailer terminated former CEO William D. Nash in November after lagging sales and a slump in the stock had erased more than half of CarMax’s market value in a year.
AB InBev Offsets Slump in West With Emerging Markets Growth
Anheuser-Busch InBev, the world's largest brewer, said Feb. 12 overall volumes fell 1.5% in the fourth quarter, less than analysts expected.
House Votes to Slap Back Trump's Tariffs on Canada
The House voted Feb. 11 to slap back President Donald Trump’s tariffs on Canada, a rare rebuke of the White House agenda as Republicans joined Democrats over the objections of GOP leadership.
Waymo Targets 1 Million Weekly Robotaxi Rides
Waymo, Alphabet's autonomous driving unit, will hit more than 1 million paid weekly robotaxi rides in the U.S. by the end of this year, according to co-CEO Tekedra Mawakana.
DOT Issues Final Non-Domiciled CDL Rule
The Department of Transportation has issued a final rule that tightens the criteria for immigrants who seek to obtain non-domiciled commercial driving privileges.
Rising Tariffs Help Cut Federal Deficit Despite Tax Changes
Tariff revenue helped shrink the budget deficit by 17% in the first four months of the fiscal year, as the Supreme Court weighs whether President Trump had the authority to impose most of his duties.
Lyft Falls Sharply on Profitability Concerns
Lyft suffered its worst stock decline in more than a year after the rideshare firm issued a disappointing forecast that missed Wall Street expectations.
Cheap Crude Delivers Big Earnings for US Refiners
Oil markets are awash in crude, keeping a lid on prices and squeezing drillers. For U.S. refiners, though, the glut is proving a windfall.
Ford Plans 5 New Models Under $40,000
Ford is planning to launch five new models priced under $40,000 by the end of the decade in a gambit to offer more affordable vehicles as the average cost of new cars tops $50,000 in the U.S.
Michelin Plans Big Buyback as Tire Sales Slow
Michelin plans to buy back as much as $2.4 billion worth of shares, as the French company seeks to keep investors on side with its tire business under pressure.
House Panel Advances Auto Safety Bill
The House Commerce, Manufacturing and Trade Subcommittee approved the Preventing Auto Recycling Theft Act, which would require new vehicles to have an ID number stamped onto converters.
Paccar Teases Launch of 2 EPA NOx 2027-Compliant Engines
Paccar is set to unveil two engine platforms ahead of the introduction of tighter Environmental Protection Agency nitrogen oxide emissions in 2027, senior executives said Feb. 10.
Authorities Break Up Multistate Diesel Theft Networks
Alleged multistate diesel fuel thieves have been arrested in one criminal ring that purportedly used cloned credit cards, while another operation involved hacking into truck stop pumps.
Energy Secretary Visits Venezuela to Assess Oil Overhaul
The U.S. government on Feb. 11 further asserted its self-appointed role in turning around Venezuela’s oil industry with the arrival of Energy Secretary Chris Wright for a firsthand assessment.
Fleets Can Target the ‘Low-Hanging Fruit’ of Decarbonization
Although zero-emission technologies are available, fleet operators also can achieve significant progress toward decarbonization through pragmatic, intermediate steps to improve efficiency.